Question
Under NY law, a partnerships income is allocated based on either (1) a method of accounting that is to the satisfaction of the commissioner or
Under NY law, a partnerships income is allocated based on either (1) a method of accounting that is to the satisfaction of the commissioner or (2) an allocation using a three-factor formula comprising property, payroll and receipts of the partnership from instate and out-of-state sources. True or False
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
